Archive by category Other Technologies

DAEJEON, May 23 (Korea Bizwire) — With virtual reality (VR) sports like screen golf becoming popular, related patent applications have surged. According to the Korean Intellectual Property Office on Wednesday, there have been 357 domestic patent applications in the field of VR sports over the past three years from 2016 to 2018, up 69 percent [...]

ANDONG, May 22 (Korea Bizwire) — North Gyeongsang Province announced that its project for a smart crosswalk safety system has been selected in a contest hosted by the Ministry of Science and ICT and the National IT Industry Promotion Agency. A consortium comprised of three agencies and businesses will carry out the project based on [...]

SEOUL, May 20 (Korea Bizwire) — Following the enactment of a new provision that enables value appreciation of chattel mortgages, for items such as factory machinery, when Internet of Things (IoT) systems are in place to manage them, South Korean banks are offering various IoT-based mortgage loan products and services. The Korea Federation of Banks [...]

SEOUL, May 16 (Korea Bizwire) — The Army held a session to demonstrate the use of military drones, including suicide ones, on Thursday as part of efforts to improve its tactical operational capabilities by utilizing the latest technologies. During the session, the first of its kind, held in Icheon, south of Seoul, the Army presented [...]

SEOUL, May 16 (Korea Bizwire) — SK Telecom Co., in cooperation with Daedong Industrial Co., South Korea’s largest manufacturer of agricultural machinery, has developed an autonomous rice transplanter for commercial use. It is country’s first autonomous agricultural machinery to be commercialized using mobile communications technology. The autonomous rice transplanter follows the seedbed and plants rice [...]

SEOUL, May 16 (Korea Bizwire) — South Korea plans to develop cutting-edge smart radar technology that will enable autonomous driving sensors, indoor navigation, disaster management, and security. The Ministry of Science and ICT opened radio research centers in four locations including Seoul National University (SNU), Korea Advanced Institute of Science and Technology (KAIST), Pohang University [...]

SEOUL, May 15 (Korea Bizwire) — A South Korean research lab said Wednesday that it has developed a new power semiconductor that can be used in a wide range of next-generation electrical devices and power transmission systems. The new gallium trioxide chip has been tested to have a record-high “breakdown voltage” of 2,300 volts that [...]

SEOUL, May 14 (Korea Bizwire) — Artificial intelligence (AI) and deep learning technology are being incorporated to raise the accuracy of disease diagnosis. A research team from Seoul National University Bundang Hospital developed a technology to diagnose sinusitis using a deep learning algorithm that raises diagnostic accuracy. Sinusitis is inflammation of the mucous membrane that [...]

SEOUL, May 14 (Korea Bizwire) — South Korean financial firms plan to spend a total of 585 billion won (US$492 million) this year to adopt new technologies, such as artificial intelligence and big data analytics, data showed Tuesday. The planned spending reflects efforts by financial authorities to take deregulatory actions and cut red tape to [...]